IRS to Publish Clarifications to TD 9889, Concerning Investments in OZs

Wednesday, April 1, 2020 - 2:00pm

The Internal Revenue Service will publish a notice in Monday’s Federal Register containing clarifications to Treasury Decision 9889, the final regulations concerning opportunity zones. The corrections cover a variety of issues set forth in TD 9889. There are 24 pages of corrections, all related to Internal Revenue Code Section 1400Z-2. The corrections are effective today and applicable as of Jan. 13.